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Open AccessArticle

Regional Perspective on R&D Policies for SMEs: Does Success Breed Success?

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Department for Innovations, Business Economics and Business Sectors, The Institute of Economics, Zagreb, Trg J.F Kennedyja 7, 10000 Zagreb, Croatia
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Department for Macroeconomics and International Economics, The Institute of Economics, Zagreb, Trg J.F. Kennedyja 7, 10000 Zagreb, Croatia
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Author to whom correspondence should be addressed.
Sustainability 2020, 12(9), 3846; https://doi.org/10.3390/su12093846
Received: 10 April 2020 / Revised: 27 April 2020 / Accepted: 2 May 2020 / Published: 8 May 2020
(This article belongs to the Special Issue Entrepreneurship and Innovation in Regional Economic Development)
In this paper, we examine the effects of EU policy schemes that support innovation in small and medium-sized enterprises. Since the effectiveness of innovation schemes can be expected to differ across Europe as entrepreneurship and innovation tend to be more intense in more developed regions, we postulate that the effect of EU instruments on additionality increases with the level of development. We offer a multi-country perspective using two waves of Community Innovation Survey data (CIS 2008 and CIS 2012). We find that the impact of EU funding depends on the level of country’s innovativeness: both national and EU public schemes exhibit smaller additionality in less developed countries, while crowding-out is observed only in recently joined EU members. View Full-Text
Keywords: R& D; innovation; EU funding; public subsidies; additionality; SMEs; European Union R& D; innovation; EU funding; public subsidies; additionality; SMEs; European Union
MDPI and ACS Style

Radas, S.; Mervar, A.; Škrinjarić, B. Regional Perspective on R&D Policies for SMEs: Does Success Breed Success? Sustainability 2020, 12, 3846.

AMA Style

Radas S, Mervar A, Škrinjarić B. Regional Perspective on R&D Policies for SMEs: Does Success Breed Success? Sustainability. 2020; 12(9):3846.

Chicago/Turabian Style

Radas, Sonja; Mervar, Andrea; Škrinjarić, Bruno. 2020. "Regional Perspective on R&D Policies for SMEs: Does Success Breed Success?" Sustainability 12, no. 9: 3846.

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